Curious about what happened in the energy market this past week?
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Curious about what happened in the energy market this past week? Mabuhay Energy's Weekly Market Update has you covered! We've compiled for you the Luzon and Visayas average electricity prices and demand per day, along with the power plant activities that occurred within each day. We also include environmental factors that may affect our electricity prices and demand. Weekly Rundown: The average electricity demand in the Luzon-Visayas grid went to as high as 12,106 MW while average electricity prices went up to as high as Php 9.10 per kwH. Market Intervention (MI) was initiated by IEMOP due to an unimplementable real-time dispatch (RTD) schedule. Here's the day-to-day breakdown: Sept 17: Sunday - MI was implemented today. Ilijan Unit 2 was online while the Biñan-Calamba 230kV line tripped. Sept 18: Monday - MI was still effective. SLPGC Unit 1 was online. Sept 19: Tuesday - Southwest monsoon affected the country and brought scattered rainfall. QPPL and Sta. Rita Module 30 went shut down. Sept 20: Wednesday - SLPGC Unit 1 was shut down while San Lorenzo Module 50 was online. Sept 21: Thursday - GNPD Unit 1 was shut down while Sta. Rita Module 20 went online. Sept 22: Friday - SCPC Unit 1, GMEC Unit 2, and Sta. Rita Module 30 went online. Sept 23: Saturday - Southwest monsoon affected the country and brought scattered rainfall. Stay abreast of the happenings in the Philippine energy market by following us on social media! info.mabuhayenergy.com/Linkedin info.mabuhayenergy.com/Facebook Data source: https://www.iemop.ph/ Mabuhay Energy: Your Partner for Growth
